Spotlight Options

The Spotlight Options segment is dedicated to the creation of new option classes requested by market participants on Euronext’s Amsterdam, Brussels and Paris derivatives markets.

With short-term maturities of 1, 2 and 3 months, these option products allow Euronext-listed SMEs, recent listings or underlying assets with notable market events or activity to be put in the spotlight on the request of market participants, with the aim of encouraging these classes to grow and become mature option classes. Spotlight Options are supported through a combination of liquidity provision and dedicated promotion. If these option classes take root, additional maturities may be introduced.

Additional investment and trading opportunities
Euronext now has 44 Spotlight Option classes available for trading. More than 1,000,000 spotlight options contracts have been traded[1] since the launch of the segment in July 2014.

Promotions to standard option segment
Spotlight option contracts can be promoted to the standard option segment: Altice S.A. in May 2015, BE Semiconductor Industries & Euronav in September 2015, ABN AMRO Group in December 2015, ASR Nederland, Flow Traders & Signify in October 2017, Koninklijke VolkerWessels in January 2018 and Argenx in December 2018. The lifetime of these contracts has therefore been extended.

Expanding in response to market demand
Introduced first on Euronext’s Amsterdam and Brussels markets, the Spotlight Options segment was extended to its Paris market in October 2015.